Monroe by definition, it is not the intention of the participant rather the outcome of the game. According to game theory, until all the possible scenario has loss + gain = 0, we have a zero sum game. Putting that to perspective, if there was a ...

Order Flow - Achieving the mindset

So long on Euro then?

Reminiscences of A Forex Speculator

Large? hmm. Seems likely. I had taken a short from 4200. Closed at 1 pip loss after IFR's calendar was out. My guess is 4200 + 4250 = not much movement today. I could be wrong. So lets see.

Order Flow - Achieving the mindset

Anyone knows what is an LGE? IFR's option calendar shows 4200 - LGE. Any guesses?

Order Flow - Achieving the mindset

Exactly. Specially creating the synthetics part. For anyone who wants to understand the deeper concepts: url

Order Flow - Achieving the mindset

well same here. Quick thrust if it comes will come only due to the stops. so order anticipation is there too. You caught on to the Juncker news before me So you are basically saying difference in both scenarios: begining of May and now is: The ...

Order Flow - Achieving the mindset

Isnt the focus of orderflow to try and predict what will happen next? Maybe I got it wrong. I like to play one day at a time (most of the times playing without news) but still I think if there is no bad news for Euro (highly unlikely) we might ...

Order Flow - Achieving the mindset

Well I am here. Still a newbie though Today closed my longs from Friday and one I had from 4168, at 4653. I am shorting from there on...closed one half at 20 so lets see. No data days are quite boring, the market is so patchy in the movement. So, ...

Order Flow - Achieving the mindset

Thanks again. I dont see how rate increase + Greece bailout could go hand in hand. Though Troika report will give us a clearer picture. By heavy long spec, I assume you are talking about COT. How much heavy is too heavy to cause a selll off? GS ...

Order Flow - Achieving the mindset

I got in at 4455. I have been looking at your trades to get an idea on how to do this. So thanks a lot. Given the surprise element in the NFP figures (birth/death adjustment puts value as net -ve figure) I think it will take some really horrible ...

Order Flow - Achieving the mindset

@Monroe: How was the NFP hunting today?

Order Flow - Achieving the mindset

I have already taken a trade from 4368 - 4423 in the morning. My other half was stopped out thanks to the news. So sitting out for now.

Order Flow - Achieving the mindset

I thought of something. With a 1:1 leverage on USD denominated trade, the loss is around 1% per 100 pips. So, there are no particular hard stops to mess with. This allows me to be in until the bigger picture changes. If I had been in school, why ...

Reminiscences of A Forex Speculator

My mistake!

Reminiscences of A Forex Speculator

As always IMHO The problem is: people end up taking in every other move. It plays out like this: Hey! the EU just fell. It must be due to that news on Bloomie. Or UJ just bounced, it must be due to the new Sedan Mistibushi launched - just read it on ...

Reminiscences of A Forex Speculator

IMHO Trizzle, I think you just found out the biggest trading hurdle fundies trader face along with the one of the trusted solution. Personally, I feel OF might provide us with a better understanding on how the orders are/might be stacked. But it ...

Reminiscences of A Forex Speculator

Trizzle great fundies thread you have here. I also take on fundies while trading the larger tf (In a situation like yours - Day job ). Though my trading style is BWILC ie not so focused on entries - rather trade management. At first it helped me ...

Reminiscences of A Forex Speculator

Thanks abritton for stating the unstated. I was about to write the same thing. The thread has deviated from OF trading to fundies trading. For the uninitiated fundies trading is actually about good/bad news. But that is not true. An explanation ...

Order Flow - Achieving the mindset

IRD is a bit more complicated in the way it generates the flow (frankly, even I don't really understand it ) I find it much easier to look at stops and trade them out. Lets take an example: Many systems have their stops near the swing ...

Order Flow - Achieving the mindset

Let me give this a try. As per my understanding: I think what lumesh is trying to say is - Gold is dollar denominated. A downward movement would mean demand for more dollars. Considering there can be only so much dollars, it should lead out to ...

Order Flow - Achieving the mindset